Mesirow Financial Investment Management Equity Management reduced its stake in shares of BMC Stock Holdings, Inc. (NASDAQ:BMCH) by 3.1% in the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 880,110 shares of the company’s stock after selling 28,275 shares during the quarter. Mesirow Financial Investment Management Equity Management owned 1.31% of BMC Stock Holdings worth $18,790,000 at the end of the most recent quarter.

A number of other large investors also recently added to or reduced their stakes in BMCH. Highlander Capital Management LLC raised its stake in shares of BMC Stock Holdings by 2.2% in the 2nd quarter. Highlander Capital Management LLC now owns 22,800 shares of the company’s stock valued at $504,000 after buying an additional 500 shares in the last quarter. Ameritas Investment Partners Inc. raised its stake in shares of BMC Stock Holdings by 20.8% in the 2nd quarter. Ameritas Investment Partners Inc. now owns 5,748 shares of the company’s stock valued at $126,000 after buying an additional 989 shares in the last quarter. Legal & General Group Plc raised its stake in shares of BMC Stock Holdings by 15.5% in the 2nd quarter. Legal & General Group Plc now owns 15,739 shares of the company’s stock valued at $344,000 after buying an additional 2,108 shares in the last quarter. American International Group Inc. raised its stake in shares of BMC Stock Holdings by 7.1% in the 1st quarter. American International Group Inc. now owns 33,944 shares of the company’s stock valued at $767,000 after buying an additional 2,251 shares in the last quarter. Finally, Worth Venture Partners LLC raised its stake in shares of BMC Stock Holdings by 15.8% in the 2nd quarter. Worth Venture Partners LLC now owns 24,962 shares of the company’s stock valued at $545,000 after buying an additional 3,410 shares in the last quarter.

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Shares of BMC Stock Holdings, Inc. (BMCH) traded up 0.47% during midday trading on Wednesday, hitting $21.55. 116,098 shares of the company were exchanged. The company has a market capitalization of $1.44 billion, a P/E ratio of 35.39 and a beta of 1.49. The company has a 50-day moving average of $21.04 and a 200 day moving average of $21.18. BMC Stock Holdings, Inc. has a one year low of $15.45 and a one year high of $23.90.

BMC Stock Holdings (NASDAQ:BMCH) last posted its quarterly earnings results on Thursday, August 3rd. The company reported $0.34 EPS for the quarter, missing the Zacks’ consensus estimate of $0.37 by ($0.03). The company had revenue of $886.38 million during the quarter, compared to analyst estimates of $871.51 million. BMC Stock Holdings had a net margin of 1.28% and a return on equity of 9.20%. The firm’s revenue for the quarter was up 11.1% compared to the same quarter last year. During the same period last year, the firm earned $0.32 EPS. On average, equities research analysts expect that BMC Stock Holdings, Inc. will post $1.07 earnings per share for the current fiscal year.

BMCH has been the subject of a number of recent research reports. Zacks Investment Research cut shares of BMC Stock Holdings from a “hold” rating to a “sell” rating in a research note on Monday, July 10th. Royal Bank Of Canada restated a “buy” rating and issued a $24.00 price objective on shares of BMC Stock Holdings in a research note on Tuesday, July 18th. Barclays PLC dropped their price objective on shares of BMC Stock Holdings from $24.00 to $22.00 and set an “overweight” rating for the company in a research note on Friday, August 4th. FBR & Co dropped their price objective on shares of BMC Stock Holdings from $26.00 to $22.00 and set a “buy” rating for the company in a research note on Tuesday, August 22nd. Finally, Robert W. Baird restated a “buy” rating and issued a $23.00 price objective on shares of BMC Stock Holdings in a research note on Sunday, September 10th. One equities research analyst has rated the stock with a sell rating and five have issued a buy rating to the stock. The company has a consensus rating of “Buy” and a consensus target price of $23.40.

In related news, insider Lisa M. Hamblet sold 12,812 shares of the business’s stock in a transaction dated Wednesday, August 9th. The stock was sold at an average price of $20.82, for a total value of $266,745.84. Following the completion of the transaction, the insider now owns 74,133 shares of the company’s stock, valued at $1,543,449.06. The transaction was disclosed in a legal filing with the SEC, which can be accessed through the SEC website. Also, insider Peter Alexander sold 28,000 shares of the business’s stock in a transaction dated Monday, October 9th. The shares were sold at an average price of $21.08, for a total value of $590,240.00. The disclosure for this sale can be found here. In the last ninety days, insiders sold 60,812 shares of company stock valued at $1,261,786. 3.70% of the stock is owned by insiders.

BMC Stock Holdings Company Profile

BMC Stock Holdings, Inc is a provider of building products and services in the United States residential construction market. The Company’s segments include Mid-Atlantic, Southeast, Texas, Intermountain, Western and Mountain West divisions. Its product offerings include lumber and lumber sheet goods and an array of products, including millwork, doors, windows, structural components, floor and roof trusses and wall panels.

Institutional Ownership by Quarter for BMC Stock Holdings (NASDAQ:BMCH)

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